Every four years, California’s largest public pension fund undertakes a reevaluation process to balance its anticipated investment returns with the expected cost of benefits paid to retirees. This ...

CalPERS board candidates take questions during a candidate forum at CalPERS headquarters in Sacramento on Wednesday. JOSÉ LUIS VILLEGAS [email protected] Six candidates vying for one of two board ...

The California Public Employees Retirement System (CalPERS) has inked a five-year contract with CVS Caremark as its pharmacy benefits manager, the organization announced Tuesday. CVS is replacing ...

California’s largest public employee pension fund recovered from a spring stock market plunge and notched its second-best investment return in a decade, at least temporarily easing concerns about ...

The California Public Employees’ Retirement System (CalPERS) has a new pharmacy benefits contract with CVS Caremark, the group announced Tuesday. Prescription drug benefits will be available for ...

The California Public Employees’ Retirement System, CalPERS, announced a preliminary investment return of 11.6% for the 2024-2025 fiscal year. The system has not yet released the financial report for ...

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California’s largest public employee pension fund recovered from a spring stock market plunge and notched its second-best investment return in a decade, at least temporarily easing concerns about ...

California's biggest pension fund and markets around the world learned to live with President Trump's tariff threats. CalPERS gained 11.6% on investments in 2024-25. This story was originally ...

Local governments looking for part-time help have occasionally turned to government retirees to provide it. That’s how Tarlochan Sandhu, a retired government finance expert, found himself back in the ...

The California Public Employees’ Retirement System has $180 billion in unfunded liabilities as of its latest report. To try to reduce this debt, the nation’s largest pension system recently approved a ...